The Market seem to be holding the 1750 zone. I was expecting the VIX to raise because of the recent drop in the RUT, NASDAQ and SP500, but it did not. We are still holding the QQQ and SPY long positions. SP 500 Futures Volatility Index
October 31, 2013 11:43 am /Published inNasdaq, QQQ, SPX
Last time we had the FED announcement we were are the highs after that we saw a steady declined of about two week. Could this be a pattern for the following days? NASDAQ the strongest of the three – QQQ position ended profitable. RUT the weekest of the three SP500 is not a long at
BUY TO OPEN QQQ (Full Risk) Risking 2.5% of the portfolio. BUY QQQ bellow 80.80 (+/- 10cents) Target on 50% is 83.3 The other used trailing at break even. Other option is to sell QQQ Nov15’13 79 PUT at the ask looking for 25% profit
The Nasdaq and SP500 are negative for the day after the morning gap. The selling pressure continues, yesterday high did not hold. We will test yesterday low for a inflection point before the FED. The large spike on volume yesterday at the close did not continue today. NASDAQ 100 Heat Map
We are taking some risk of the table and closing great winners. 1. Closing 50% of QQQ trades at 1% gain from last Friday at 82.87 (Sell to Close) The rest of the position with trailing stop of 0.05% from this level or stop price at yesterday’s low. 2. Closing LOPE with 9.5% gain at
